The right mix of assets for the right funding

“We will grow with Ultimate Finance”

Having established a good relationship with Ultimate Finance whilst putting an Invoice Finance facility in place, director of Drury Lane Logistics Limited, Marcus Drury, had no doubt who to turn to when a fantastic new business opportunity came his way.

Following months of negotiations for the sale of Temples Transport Limited – a long established haulage business, trading for nearly ten years that specialises in moving fruits and vegetables, a deal was made. Ultimate Finance was delighted to be able to support Marcus in the purchase of Temples Transport Ltd by offering a Structured Finance facility.

Supplying funds quickly

At Ultimate Finance, we believe in a partnership approach – funding should be about finding the right solution. Through our Structured Finance, we were able to offer a flexible multi-asset solution to deliver what our client needed. This included providing funding of just under £1.6m through Invoice Finance, Asset Finance and a secured overpayment, all delivered with a single point of contact supported by a dedicated deal team to make the process as seamless as possible.

Marcus commented, “Ultimate Finance should disrupt the funding market with their approach. Having dealt with the slow and transactional ideology of high street lenders, Ultimate Finance just makes it happen.

Not only did their diverse funding range allow us to purchase Temples Transport, but in weeks of taking over the business we needed to buy additional trailers. Within 48 hours, after a phone call with Alastair (Senior Regional Director), £100k of funding was ready and we bought the trailers” commented Marcus.

Keeping business moving forward

“That’s just what these guys do. They forget the hierarchical approach. We pick up the phone to a Director (who always answers) and we get what we need. It happens with everyone in Ultimate Finance; whether it’s Nichola dealing with an invoice query or Colin on a multi vehicle purchase. We will grow with Ultimate Finance”, Marcus continued.

With the funding provided by Ultimate Finance, Marcus was able to complete the acquisition of Temples Transport Limited, and turn his ambitions into reality, “I’m very happy with Alastair from sales, Colin from Asset Finance as well as the support from both Helen and Nichola from Operations.”

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